All-round Ecological Token: Toward the beauty of digital Finance

For finance, data is the core lifeline!

The arrival of the digital age is both an opportunity and a challenge for finance.  The biggest challenge here is so much data, who can collect, analyze, calculate, store, and further categorize, transform, deduct, form available databases, and form products to find practical business models.

A mysterious character named Nakamoto Satoshi seemed to have found an answer to this question ten years ago. It may not be perfect, but it is absolutely useful. It is the blockchain behind Bitcoin!

A blockchain is a digital book that is simultaneously recorded and verified by a computer network, much like a shared Excel file that cannot be modified without the consent of others.  Importantly, blockchain technology allows transactions to be performed without the need for a trusted intermediary such as a clearing house.

In the digital age, blockchain is the most ideal technology solution for financial change.  Recognizing the enormous potential of technology, many startups are continually exploring opportunities and actively exploring financial markets.

The all-round ecology makes the application of the first blockchain, actively explores the actual implementation of the blockchain financial technology, and conducts the public beta after the National Day. Welcome to join the experience.

All-round Ecological Token is a basic public chain oriented to the financial sector. It is committed to building a low-level blockchain platform for the entire financial business, providing a basic technology platform for all types of financial services to enter the blockchain era.  As a basic chain of the financial sector, the all-round ecological order will fully consider the uniqueness of the financial business, taking into account the specific requirements of the financial business system in the business ecology and technical ecological design, such as business process confidentiality, business legal compliance identification, Business efficiency and other aspects.

Information credit certification

1. Information integration: Collecting the bill information of the core enterprises of the supply chain and their upstream and downstream enterprises, solving the financing problems of SMEs efficiently and at a lower cost, and helping the rapid development of the entire supply chain; introducing various investment institutions (banks, non- Silver finance, factoring, P2P platform, etc., to provide them with stable and safe investment income.

2. Credit rating: Through the modeling and analysis of the transactions and redemption performance of the participating parties, the real and reliable big data and credit system can be obtained; the open and transparent credit information cannot be tampered with in the blockchain, and can provide the funder with The investment reference of the letter can also provide a basis for the platform to carry out future business.

3. Data deposit: The public key address of the asset end and the fund end is recorded on the blockchain with the CA binding, which can be used as the identity authentication and asset certificate; the block hash containing all transactions is signed by the third-party authentication center, and backed up. In a number of blockchains, judicial identification can be easily implemented in the event of a dispute; bill information, party information, and transaction information are recorded on the blockchain, and all data cannot be tampered with, and the transaction line is clear at a glance.

Token financing

1. Financial institutions can query the accumulative credits of financing companies through the blockchain to ensure that there is no excessive credit or insufficient credit.

2. The platform applies for the issuance of the equivalent credit token ARET according to the credit line of the financial institution, which is convenient for counting the amount of guarantee and its use.

3. For each financing application of upstream and downstream enterprises, it is necessary to exchange ARET to ensure that there will be no internal management confusion and free lending.

4. The relevant information of the loan record is written into the blockchain, which can be used as a deposit certificate for future breach of contract disputes.

5. ARET can set the expiration date, which is convenient for the adjustment of the credit line of the enterprise after a period of time.

Blockchain financial contract

1. User identity authentication: The identity of the contractor is determined by the CA issued by the third-party electronic certification authority.

2. Convenient signing: The signing parties do not need face-to-face confirmation, and no express contract.

3. Digital signature: Must be personally signed by the user, can not be forged, can not be reused.

4. The contract content can not be falsified, to ensure that the final contract is the previous review of the approved contract, the content can be found anywhere to make changes.

5. The contract content has the right to inquire. Only the party signing the contract has the right to view the specific content of the contract.  Unauthorized persons must be kept confidential.

6. The storage and management of the contract, the electronic contract can be uploaded to the platform, or downloaded to the local (acquired permission), or the contract content can be viewed online.

Digital asset circulation

Blockchain is used in the field of digital financial assets. Compared to traditional centralized systems, the advantages are:

Once the digital assets (Token) are issued on the blockchain, the subsequent circulation links can be independent of the issuer system, and the asset circulation can be changed from single-center control to socialized communication. Any channel with resources can become a catalyst for asset circulation.  Therefore, the blockchain can greatly improve the efficiency of digital asset circulation, and truly achieve the effect of “multi-party issuance and free circulation”.

Digital currency payment

We believe that there is a broad development prospect for using the new digital currency payment scheme to subvert the traditional financial payment scenario.  The use of blockchain technology can effectively achieve multi-party consensus by ensuring transaction transparency, assurance and enforcement, which was previously impossible.

When participants in the network find that the business is not only transparent, but the operating mechanism cannot be easily changed, they are more willing to coordinate.  Participants are clearly more able to ensure that it is difficult for either party to impose a violent interest rent by changing business processes or using information asymmetry.

In other words, any single participant is more willing to use the business process and the mechanism itself does not belong to any other system owned by a single participant.

Blockchain allows society to transform business processes around the world from single-centric companies to open, decentralized Computing networks. The transaction commissions the book pairing execution, the clearing house custody, and the decentralized payment decentralized network. This will help solve the problem of payment between emerging e-wallet payment networks. Implement full-commercial P2P payments by transforming these traditional business processes into a single company, and provide a digital wallet (eg, all-encompassing community wallet) provider in a high-performance open network A reasonable solution.

Financial securities field

Since the degree of convergence between the blockchain and the securities is very high, the traditional securities trading requires the coordination of the four major institutions, such as the central clearing house, the bank, the securities company and the exchange, to complete the securities transaction, which is inefficient. The cost is high, and such a model creates a strong intermediary. The rights of financial consumers are often not guaranteed, and the blockchain system can independently complete one-stop service.  Global financial securities institutions are already exploring applications in this area.

In the financial securities market, the application of blockchain will be the core of the future.  Especially in the blockchain application of the OTC securities market, it can be said that it is currently the most feasible field. The all-round ecological chain includes OTC equity and bond transfer.  Securities registration and issuance is the basis of the securities trading market.  Almighty Ecology will use the characteristics of safe, transparent, non-tamperable and easy to track blockchain books to digitally manage securities registration and securities issuance, making it more efficient and secure.

To sum up:

When we stand on the shoulders of blockchain technology and think about the future of Internet finance, it might look like this:

1. It is intelligent.  The financial exchange carrier has changed from data to code, and traditional finance has become programmable smart finance.

2. It is a decentralized organizational structure.  Point-to-point, end-to-end, P2P.

3. It is also an integrated system.  Identification, asset registration, transaction exchange, and payment settlement are all posted on the blockchain system.

4. It is more real-time, the real world and the virtual world, the physical world and the digital world seamlessly connected to the financial system.

All-round Ecological Token is nothing more than trying to seize the trend of blockchain technology and open up its own blue sky in the future digital financial era!

Company Name: Almighty Eco Token Network Technology Co., Ltd.

Contact Person: Michael Ronald

Country: U.S.A

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Company Name: Almighty Eco Token Network Technology Co., Ltd.
Contact Person: Michael Ronald
Email: Send Email
Country: United States
Website: http://www.globalnewsonline.info/